Multifamily Development Site
For Sale
$839,000
3941 E 18TH St, Vancouver, WA 98661
Land, Vancouver, WA
Property SizeContact for details
Lot Size0.42 Acres
Days on Market94
Property Features for 3941 E 18TH St
General Information
Property type
Land
Property subtype
Other
Zoning
R-18
Elementary school
King
Middle school
McLoughlin
High school
Fort Vancouver
Directions
From Fourth Plain, South on Brandt Rd, then East on 18th St
Subdivision
_12
Standard status
Active
APN
029373018
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
#117 EDWARD MOORE DLC .42A FOR ASSESSOR USE ONLY BEGINNING AT A 1-14!! IRON BAR AT THE NORTHEAST CORNER
Tax Annual Amount
4872
Legal Description
#117 EDWARD MOORE DLC .42A FOR ASSESSOR USE ONLY BEGINNING AT A 1-14!! IRON BAR AT THE NORTHEAST CORNER
Listing Agency:
Keller Williams Realty
(360) 693-3336
Listed By:
Jeff Wunder · License #104052
(360) 931-1178
Added: May 19
Changed: Aug 19
Last Checked: Aug 20 at 2:06PM
MLS# 184091807
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Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a nearly shovel-ready multifamily development site in Vancouver, Washington. The site is fully approved and 95% complete on civil plans, with no entitlement risk and a clear path to breaking ground. Situated on a generous 18,295 square foot flat, private flag lot, this site offers exceptional buildability with minimal site work required. All 8 units are approved as 2-bedroom/1-bath floor plans, delivering a highly rentable unit mix ideally suited for the Clark County rental market. Vancouver's ongoing zoning reforms and updated building codes are actively expanding density allowances across the city, creating a realistic pathway to increase the unit count beyond the current 8-unit approval. The next owner steps in at the finish line, ready to complete the final plan submissions, pull permits, and break ground with minimal delay. This level of pre-development completion also provides a streamlined path to construction financing. The property is located in Vancouver, WA 98661, Clark County.
Key Highlights
- Fully approved multifamily development site, 95% complete on civil plans, eliminating entitlement risk and enabling immediate ground breaking.
- Opportunity to increase unit count beyond the currently approved 8 units due to Vancouver's zoning reforms and updated building codes.
- Streamlined path to construction financing due to advanced pre‑development completion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 98661, WA
48,983
Population
22,291
Households
2.2
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,494
Density / Sq Mi
$75,037
Median Household Income
$43,920
Median Earnings
$1,440
Median Rent
$424,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Shovel-ready multifamily development site in Vancouver, Washington.
Where is this land located?
The property is located at 3941 E 18TH St Vancouver, WA.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Fully approved multifamily development site, 95% complete on civil plans, eliminating entitlement risk and enabling immediate ground breaking.; Opportunity to increase unit count beyond the currently approved 8 units due to Vancouver's zoning reforms and updated building codes.; Streamlined path to construction financing due to advanced pre‑development completion.
